2008 AMT Exemptions Update!

LinkBack

Thread Tools

Display Modes

#1 (permalink)

04-25-2008, 03:14 PM

TaxGuru

Tax Guru

Join Date: Jan 2007

Location: New Jersey, USA

Posts: 1,944

Blog Entries: 3

2008 AMT Exemptions Update!

It appears that the IRS has decided to leave the higher AMT exemptions in place for 2008.

This will have the effect of potentially excluding millions of taxpayers from being subject to the wrath of the AMT minimum tax.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Ads

« IRS has some great news for Stock Traders! | How Long Should It Take To Receive Your Tax Refund? »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
What are the AGI limits that result in "Phaseout of Exemptions" in 2007?	TaxGuru	General	0	01-13-2008 03:29 PM

» Categories

Ask TaxGuru?

Individual

» Income

» Estimated Taxes

» Capital Gains

» Itemized Deductions

» IRA/Sep

» Rental Real-Estate

» Alternative Minimum Tax

» Filing Requirements

» Sole-Proprietorship

» Medical

» Auto Expenses

» Social Security

» Tax Credit

» Depreciation

» Divorce Tax Issues

» Homeowner Tax

» Multistate

Corporations

» C-Corporation

» S-Corporation

» Limited Liability Company

» Multistate Tax Issues

» Non-Profit Organisation

» Trusts and Gift Tax Returns

Forum for CPAs

» CPA Forums

Financial Planning

» Estate Planning

» Retirement Planning

» Investment Strategy

» Education Planning

» Life Insurance

» Tax News

» Tax Calendar

» Tax Calculators

» Tax Resources

» Downloads

» Contact Us

» Latest Tax Tips
Summertime Child Care Expenses May Qualify for a Tax Credit
IRS announces that taxpayers can buy U.S. Series I Savings...
What are the main features of the Affordable Care Act...
First-Time Homebuyer credit a new tax credit
Don’t Panic! Eight Things to Know If You Receive an IRS...

» Recent Tax Q&A
Form 8606
Condominium Deposit Loss due to Developer Fraud -...
Foreign Tax Credit
1120s and 2009 returns...
A question to all Tax Gurus!
tax return business deductions
s corp buying vehicle contracts from owner
Refund of Interest Expense/Penalties for NOL
Dissolving/Closing S-corp with an A/P balance
Overseas Rental Loss

» Free Downloads

Latest Files

EzWagez Payroll System
TurboCASH
AlauxSoft Accounts and Budget
Gas Mileage MPG Tracker
Integrated Business Decisions